Stem Cell Guru Talks Innovation in Treating Disease

8/21/2013 1:55AM

"One of the most powerful demonstrated capabilities of our company has been to look at innovation as a way to change the paradigm in the treatment of serious diseases," says Bob Hariri, founder and CEO of Celgene Cellular Therapeutics.

This transcript has been automatically generated and may not be 100% accurate.

... I ... the US at seventeen one of the one of the most ... the powerful ... demonstrated ... capabilities of our companies and ... to to look at innovation as a way to change ... the paradigm in the two ministers is like waking logic answers ... aam were not afraid of case saying ... very challenging problems ... in terms of drug discovery problems ... in terms of reducing ... what we know to strategy to ... to add at a new chemical cool cocktail of chemicals that are treating us from certain type of ... blood cancer ... aam and and that's that that I think is is something which ... has served me very very well ... in a part of the business ... that had there's no road map ... you know were taking were taking the leftovers of birth were isolating cells ... no one's ever done this before ... we're finding the souls understanding the mechanisms ... through which those cells can change ... the biology of the system ... and then finding a way to use that in a medical condition ... to change a disease so as an example Hwee of we've taken cells of the placenta ... because the placenta is the unique union logic or dinner in its own in his own right in other words ... the placenta is a foreign tissue that a mother except for nine months by rejecting ... that unique biology that that property ... he resides in the cells we use that to you turn off ... auto immune disease and crosses ... and and the results are seeing are just a really really remarkable when one that we wanna have ... it in in the midst of all this ... replying really rigorous scientific ... up across the seas ... to understand how the cells work ... um what makes them different in other cell types what what might be a factor in making for the girl was safe ... reliably store will prolong couple more prison time ... I did easily deployed by clinicians ... and all of that all of that that complex series of ... of events that are required to take the bait that discovery ... into the clinic that that that gets me excited ...